Market Overview:
The global high-voltage bushings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for high-voltage bushings in power transformers, gas-insulated switchgear (GIS), generators buildings, railway systems, and other applications. Based on type, the global high-voltage bushings market is segmented into composite bushing, compound-filled bushing, and condenser bushing. Composite bushing held the largest share of the global high-voltage bushings market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030. This growth can be attributed to its properties such as low thermal expansion coefficient (TEC) and low dielectric constant (DK). Based on application, the global high voltage bushings market is segmented into power transformer GIS , generators buildings railway systems , and others . Power transformer accounted for majority share of the global high voltage Bushings Market in 2017 .
Product Definition:
High-voltage bushings are components used in high-voltage electrical equipment to provide a low-resistance path for current flow. They are typically made from porcelain or other insulating materials, and are designed to withstand the potentially high temperatures and voltages associated with these applications. High-voltage bushings play an important role in ensuring the safe and reliable operation of high-voltage equipment.
Composite Bushing:
Composite bushing is a type of bushing that consists of two metal bushings, which are pressed together with an elastomeric material. The most common types of composite busings used in high voltage applications include thermoplastic composites and thermoset or plastic composites.
Compound-Filled Bushing:
Compound-filled bushing is a type of bushing that is filled with a compound instead of sand. The compound filling helps in providing better resistance to deformation and vibration, high temperatures, and corrosion. Compound-filled bushings are used in various industries such as power generation, oil & gas transportation & distribution, aerospace & defense among others where reliability on the performance of equipment is important.
Application Insights:
Power transformer application segment accounted for the largest share in 2016 and is projected to witness significant growth over the forecast period. This high-voltage bushings are used in power transformers to eliminate vibrations and maintain electrical insulation. The growing demand for electric power, particularly across emerging economies is expected to drive product demand over the next eight years.
Generators buildings application segment was valued at USD 536 million in 2016 owing to increasing use of these products within generator sets that are required for emergency services during natural disasters or blackouts. These bushings ensure easy installation while reducing maintenance costs by avoiding any friction between bearings and bushes during operation of equipment.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electric vehicles and investments in new power transformer and equipment projects. In addition, rising construction activities in emerging economies are anticipated to drive the product demand over the forecast period.
North America was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period owing to high consumption of voltage-sensitive products such as bushings, fuses, switches etc. for protection against lightning strikes as well as maintaining proper insulation between two conductors or phases of a circuit board during power transmission or distribution within an electrical system. Moreover, presence of key manufacturers such as Cooper Industries; Johnson Controls; National Semiconductor Corporation; Silixa Ltd.; TE Connectivity Ltd.; Triad Magnetics Inc.
Growth Factors:
- Increasing demand for high-voltage bushings from the transportation sector due to the growing popularity of electric and hybrid vehicles.
- Rising demand for high-voltage bushings in the power generation sector due to increasing investments in renewable energy sources such as solar and wind power.
- Growing demand for high-voltage bushings from the industrial sector due to rising levels of automation and electrification across various industries.
- Increasing adoption of advanced manufacturing technologies such as 3D printing that are helping to reduce production costs and lead times for high-voltage bushing manufacturers.
- Growing awareness about the benefits of using high-quality, reliable bushing products among end users across all sectors is expected to drive market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Voltage Bushings Market Research Report
By Type
Composite Bushing, Compound-Filled Bushing, Condenser Bushing
By Application
Power Transformer, Gas-Insulated Switchgear, Generators Buildings, Railway Systems, Others
By Companies
Meister International, Siemens, ABB Group, GE Grid Solutions, RHM International, Trench, GIPRO, Yash
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global High-Voltage Bushings Market Report Segments:
The global High-Voltage Bushings market is segmented on the basis of:
Types
Composite Bushing, Compound-Filled Bushing, Condenser Bushing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Transformer, Gas-Insulated Switchgear, Generators Buildings, Railway Systems, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Meister International
- Siemens
- ABB Group
- GE Grid Solutions
- RHM International
- Trench
- GIPRO
- Yash
Highlights of The High-Voltage Bushings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Composite Bushing
- Compound-Filled Bushing
- Condenser Bushing
- By Application:
- Power Transformer
- Gas-Insulated Switchgear
- Generators Buildings
- Railway Systems
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-Voltage Bushings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bushings are a type of suspension component that allow a vehicle to move smoothly along its suspension path. High-voltage bushings use higher voltages than regular bushings, which allows them to resist wear and tear and provide longer life.
Some of the key players operating in the high-voltage bushings market are Meister International, Siemens, ABB Group, GE Grid Solutions, RHM International, Trench, GIPRO, Yash.
The high-voltage bushings market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-Voltage Bushings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High-Voltage Bushings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High-Voltage Bushings Market - Supply Chain
4.5. Global High-Voltage Bushings Market Forecast
4.5.1. High-Voltage Bushings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High-Voltage Bushings Market Size (000 Units) and Y-o-Y Growth
4.5.3. High-Voltage Bushings Market Absolute $ Opportunity
5. Global High-Voltage Bushings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High-Voltage Bushings Market Size and Volume Forecast by Type
5.3.1. Composite Bushing
5.3.2. Compound-Filled Bushing
5.3.3. Condenser Bushing
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High-Voltage Bushings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High-Voltage Bushings Market Size and Volume Forecast by Application
6.3.1. Power Transformer
6.3.2. Gas-Insulated Switchgear
6.3.3. Generators Buildings
6.3.4. Railway Systems
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High-Voltage Bushings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High-Voltage Bushings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High-Voltage Bushings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High-Voltage Bushings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High-Voltage Bushings Demand Share Forecast, 2019-2026
9. North America High-Voltage Bushings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High-Voltage Bushings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High-Voltage Bushings Market Size and Volume Forecast by Application
9.4.1. Power Transformer
9.4.2. Gas-Insulated Switchgear
9.4.3. Generators Buildings
9.4.4. Railway Systems
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High-Voltage Bushings Market Size and Volume Forecast by Type
9.7.1. Composite Bushing
9.7.2. Compound-Filled Bushing
9.7.3. Condenser Bushing
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High-Voltage Bushings Demand Share Forecast, 2019-2026
10. Latin America High-Voltage Bushings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High-Voltage Bushings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High-Voltage Bushings Market Size and Volume Forecast by Application
10.4.1. Power Transformer
10.4.2. Gas-Insulated Switchgear
10.4.3. Generators Buildings
10.4.4. Railway Systems
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High-Voltage Bushings Market Size and Volume Forecast by Type
10.7.1. Composite Bushing
10.7.2. Compound-Filled Bushing
10.7.3. Condenser Bushing
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High-Voltage Bushings Demand Share Forecast, 2019-2026
11. Europe High-Voltage Bushings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High-Voltage Bushings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High-Voltage Bushings Market Size and Volume Forecast by Application
11.4.1. Power Transformer
11.4.2. Gas-Insulated Switchgear
11.4.3. Generators Buildings
11.4.4. Railway Systems
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High-Voltage Bushings Market Size and Volume Forecast by Type
11.7.1. Composite Bushing
11.7.2. Compound-Filled Bushing
11.7.3. Condenser Bushing
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High-Voltage Bushings Demand Share, 2019-2026
12. Asia Pacific High-Voltage Bushings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High-Voltage Bushings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High-Voltage Bushings Market Size and Volume Forecast by Application
12.4.1. Power Transformer
12.4.2. Gas-Insulated Switchgear
12.4.3. Generators Buildings
12.4.4. Railway Systems
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High-Voltage Bushings Market Size and Volume Forecast by Type
12.7.1. Composite Bushing
12.7.2. Compound-Filled Bushing
12.7.3. Condenser Bushing
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High-Voltage Bushings Demand Share, 2019-2026
13. Middle East & Africa High-Voltage Bushings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High-Voltage Bushings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High-Voltage Bushings Market Size and Volume Forecast by Application
13.4.1. Power Transformer
13.4.2. Gas-Insulated Switchgear
13.4.3. Generators Buildings
13.4.4. Railway Systems
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High-Voltage Bushings Market Size and Volume Forecast by Type
13.7.1. Composite Bushing
13.7.2. Compound-Filled Bushing
13.7.3. Condenser Bushing
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High-Voltage Bushings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High-Voltage Bushings Market: Market Share Analysis
14.2. High-Voltage Bushings Distributors and Customers
14.3. High-Voltage Bushings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Meister International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE Grid Solutions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RHM International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Trench
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GIPRO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yash
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook